New York, U.S. | Xinhua | Wall Street had a rosy year in 2021 with all the three major indexes scoring double-digit returns, but many analysts have warned of a bumpy path for equities in the year ahead amid multiple challenges. The S&P 500 jumped 26.9 percent in 2021, marking the …
Read More »
New York, U.S. | Xinhua | U.S. equities posted mixed results in the holiday-abbreviated week as investors assessed the possibility of further fiscal stimulus, while sifting through a slew of economic data. For the week ending Friday, the Dow rose 0.1 percent, the S&P 500 fell 0.7 percent and the Nasdaq …
Read More »
New York, US | Xinhua | U.S. equities posted mixed results in the week as Wall Street was worried that the country’s soaring COVID-19 infections could cast a shadow on its economic recovery. For the week ending Friday, the Dow declined 0.7 percent, and the S&P 500 fell 0.8 percent, while …
Read More »
New York, United States | AFP | Ten years after Wall Street recklessness helped lead to the Great Recession, compensation for top bank CEOs is soaring even as pay flattens at junior levels. Compensation figures released so far by large banks this year suggest a rich season for CEOs, despite …
Read More »
Mexican peso slumps to record low against dollar Hong Kong, China | AFP | Markets went into free fall Wednesday and the Mexican peso tanked as Donald Trump appeared to be moving into the lead in the race for the White House. Safe haven assets rallied as investors went running …
Read More »
The Independent Uganda: You get the Truth we Pay the Price